All of the assets you own are referred to as your:
A. savings
B. indices
C. brokerage account
D. investment portfolio

Prior to investing, you should
A. do no planning.
B. create a financial statement.
C. get an advisor.
D. create a negative net worth.

It is recommended that you create a budget for each:
A. month
B. day
C. week
D. year

Financial institutions came under greater federal regulation because of
A. World War II.
B. the Federal Reserve Act.
C. the Great Depression.
D. the Securities Exchange Act.

The purchase of one cup of coffee a day
A. is worth the cost.
B. is not financially significant.
C. takes money away from potential savings.
D. is a good financial investment.
Real estate is a good _________ investment.
A. short-term
B. long-term
C. no risk
D. debt-free

Most people achieve financial security through
A. saving and investing.
B. inheritance.
C. a successful business that they own.
D. working at a job or series of jobs.

Investments in securities or mutual funds are not as secure as saving accounts because
A. they are higher risk.
B. you could lose the money you've invested.
C. savings accounts are insured by the FDIC.
D. you can't purchase them from banks.

An example of a short-term financial goal is
A. starting a business.
B. the education of one's children.
C. saving for retirement.
D. a car purchase.

A method of saving that allows easy access to the money at low risk in case of emergency is
A. a 401(k) account.
B. home equity.
C. a savings account.
D. stock purchases.

Respuesta :

Hagrid

All of the assets you own are referred to as your savings, A.
Prior to investing, you should get an advisor, C.
It is recommended that you create a budget for each day, B.

Financial institutions came under greater federal regulation because of the Securities Exchange Act, D.
The purchase of one cup of coffee a day takes money away from potential savings, C.
Real estate is a good long term investment, B.
Most people achieve financial security through saving and investing, A.
Investments in securities or mutual funds are not as secure as saving accounts because you could lose the money you've invested, B.
An example of a short-term financial goal is a car purchase, D.
A method of saving that allows easy access to the money at low risk in case of emergency is a savings account, C.

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